Siemens in agreed $7.6 billion deal to buy Dresser-Rand
September 22, 2014 at 03:41 AM EDT
FRANKFURT (Reuters) - Industrial conglomerate Siemens AG said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion in a move that would significantly boost the German company's oil and gas business in North America.